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U.S. stocks open higher Tuesday as investors await consumer confidence data

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U.S. stocks opened higher Tuesday, with all three major benchmarks attempting to bounce from the previous session.

The Dow Jones Industrial Average DJIA, +0.81% was trading 0.5% higher soon after the opening bell, while the S&P 500 SPX, +0.64% was up 0.4% and the Nasdaq Composite COMP, +0.24% was advancing around 0.2%, according to FactSet data, at last check.

Economic data released Tuesday showed the nation's trade deficit in goods fell 2.2% in May, a second straight decline that could help lift gross domestic product in the second quarter. A reading on consumer confidence is due out at 10 a.m. Eastern Time.

 

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